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Wed. Afternoon Rental Option – Mt. Vernon Square
This rental is located at 437 New York Avenue, NW:
The listing says:
“Beautiful Condo in the Historic Yale Steam Laundry. Amenities include:Gym,Rooftop Pool, Conf.Room, Billiards.Amazing Views from Private Balcony,Hardwood Floors,Stainless Steel Appliances,Washer/Dryer. Blocks from Chinatown&Convention Center Metro.1 Block from Safeway, Starbucks, Retail. Tenant pays utilities,1 Garage Parking Space for $200 monthly.”
This 1 bed/1 bath is going for $2,500/Mo.
Category: Mt. Vernon Square, Rental of the Day
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Recent Comments
i'm guessing they put in some good sound buffering windows? fl ave is LOUD. 
11:06pm
^yes. The only danger at this location is being run over by a motorist from Maryland.
11:05pm
Faison's writeups make me crazy. And not in a good "I'm crazy for buying this house!" way.
The Dancing Crab's commercials have to be the worst I've ever seen. The owners saying,...
God you people are boring. Why not more chatter about their footwears?
Stop it right now.
Sounds about right.
I used to pass this building during my commute, and wondered what the lofts were like inside. I figured if you really wanted a beautiful loft apartment this might be an inexpensive option because the location’s not great. I guess I was wrong!
+1
Not nice enough of a location to command 2500 in my opinion
LOL. And as usual, the people who simply can’t believe DC real estate prices are real appear.
Fair enough– I’ve been out of the rental market a year and a half, and the afternoon rental options on PoP might not be giving me an accurate idea of what it’s like.
I blame Osama Bin Laden for this.
Barf. Way to take a historic building and build completely character-less units. They don’t show any pictures of the bedroom but the rest of the apartment doesn’t look particularly spacious – at least not spacious or high end enough to fetch that much money for a one bedroom.
This part is new construction
New construction doesn’t have to mean character-less. I meant they could have taken some inspiration from the old building.
In other words, it’s not an historic building.
The apartments next door (Yale West) were finished earlier this year. The condos (this location) were finished in 2008/2009.
This is the going rate for the area… not that it means that it is right. Ugh.
I know this neighborhood is pricey, but this unit is overpriced by about $200 a month. Probably someone who bought high trying to cover their mortgage/taxes/HOA fee.
Maybe you meant high by about $2000 a month. I rented at 425 mass, and everything there was very “luxury”… rooftop pools and grills, nice common areas, and very new looking apts. 4 month lease in Jan 2012 was $2100/mo not including parking and utilities. It was a slightly safer location, IMO, and I can’t imagine that Yale steam laundry is that much more of a luxury type place.
“A fool and his money…”
Now I see why everybody’s trying to find out where they can get the cheapest can of PBR in town. That’s a ludicrous amount to pay for a 1BR in that area.
I live in this building in the exact same kind of unit for $2,100/month. The one bedroom apartments next door start at $2,295 and they have onsite maintenance, doormen, etc. This is ridiculously overpriced.
I would say it’s overpriced, but not ridiculously overpriced. I too live in this building and think it all depends on the unit. Yes, 1 BR at Yale West START at $2,295, but that means a low floor, no balcony unit AND they charge a fee for pets (and have you seen the rooftop pool at YW? Laughable). We also don’t know what floor it’s on (a 10th floor 1 BR recently sold for over $400K) and without pictures of the bedroom we don’t know if it has a walk-in closet (I’m guessing it doesn’t). Two years ago a 6th floor 1 BR had no problem renting for $2,350 w/out parking. But $200 for parking? That’s laughable.
This is laughable
The location is deceptively good with a walk score over 90, a metro stop within 3 blocks, and the on ramp to 395 right in front of the building.
The unit is $200 overpriced unless it includes parking and utilities. The unit may lack character, but it has high end finishes and obviously the tenant can drastically change the appearance with a little paint and unique pieces.